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re: Fed Releases Bailout Details
Posted on 12/1/10 at 3:18 pm to LSURussian
Posted on 12/1/10 at 3:18 pm to LSURussian
per bernanke, the entire financial system is going to collapse.
Posted on 12/1/10 at 3:47 pm to Monkey
LINK
quote:
he U.S. central bank on Wednesday disclosed details of some $3.3 trillion in loans made to financial firms, companies and foreign central banks during the crisis. In posting the data on its website, the Fed was complying with the Dodd-Frank financial-regulation law passed in July, which, among other things, aims to boost transparency at the U.S. central bank. Read more:
quote:
Companies outside the traditional banking world also sold commercial paper. Apart from banks, the Fed also bought short-term debt from McDonalds Corp., Verizon Communications Inc., Harley-Davidson Inc., and state-owned Korea Development Bank.
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